Patagonia Lithium (ASX:PL3) Receivables Turnover : 0.00 (As of Jun. 2024)

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What is Patagonia Lithium Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Patagonia Lithium's Revenue for the six months ended in Jun. 2024 was A$0.00 Mil. Patagonia Lithium's average Accounts Receivable for the six months ended in Jun. 2024 was A$0.40 Mil.

Patagonia Lithium Receivables Turnover Historical Data

The historical data trend for Patagonia Lithium's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Patagonia Lithium Receivables Turnover Chart

Patagonia Lithium Annual Data

Trend

Dec23

Receivables Turnover

Patagonia Lithium Semi-Annual Data
	Jun23	Dec23	Jun24
Receivables Turnover	-	-	-

Competitive Comparison of Patagonia Lithium's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Patagonia Lithium's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Patagonia Lithium's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Patagonia Lithium's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Patagonia Lithium's Receivables Turnover falls into.

Patagonia Lithium Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Patagonia Lithium's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

Patagonia Lithium's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0	+	0.396)	/	1 )
=	0	/	0.396
=	N/A

Patagonia Lithium (ASX:PL3) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Patagonia Lithium Receivables Turnover Related Terms

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Patagonia Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Patagonia Lithium Ltd (ASX:PL3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Little Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.patagonialithium.com.au

Patagonia Lithium Ltd engages in mining and exploration activities. The company is pursuing lithium exploration projects in Argentina. It holds interest in Formentera Project; Cilon Project; and Tomas III Project. The Formentera Project and the Cilon Project are situated in the Province of Jujuy, Argentina. The Tomas III Project is situated in the Province of Salta, Argentina.

Patagonia Lithium Headlines

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